June 26, 2018 18:59

SCI Reports Iran's Inflation Rates for Income Deciles

The average goods and services Consumer Price Index in the 12-month period ending June 21 increased by 8.1% for the first decile (those with the lowest income) while it rose by 8.2% for the 10th decile (those with the highest income) year-on-year

The highest overall CPI (using the Iranian year to March 2017 as the base year) stood at 116.9 for the seventh and eighth deciles, and the lowest index was 115.8 for the first decile.

The Statistical Center of Iran has released inflation rates for each of the 10 deciles in which Iranian households are categorized on the basis of their income.
The average goods and services Consumer Price Index in the 12-month period ending June 21, which marks the end of the Iranian month of Khordad, increased by 8.1% for the first decile (those with the lowest income) as it rose by 8.2% for the 10th decile (those with the highest income), compared with last year’s corresponding period.

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Rate of Inflation in Iran